Nebula Research & Development LLC Has $631,000 Stock Position in The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Nebula Research & Development LLC lowered its position in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 11.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 102,630 shares of the company’s stock after selling 12,826 shares during the quarter. Nebula Research & Development LLC owned 0.11% of The Hain Celestial Group worth $631,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in HAIN. Barclays PLC grew its stake in The Hain Celestial Group by 124.6% during the 3rd quarter. Barclays PLC now owns 182,609 shares of the company’s stock valued at $1,576,000 after acquiring an additional 101,290 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of The Hain Celestial Group during the third quarter worth approximately $93,000. Franklin Resources Inc. grew its position in The Hain Celestial Group by 5.7% during the third quarter. Franklin Resources Inc. now owns 52,507 shares of the company’s stock valued at $445,000 after purchasing an additional 2,814 shares in the last quarter. JPMorgan Chase & Co. increased its stake in The Hain Celestial Group by 68.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 320,457 shares of the company’s stock valued at $2,766,000 after buying an additional 130,477 shares during the period. Finally, GAMMA Investing LLC lifted its position in The Hain Celestial Group by 20.7% in the 4th quarter. GAMMA Investing LLC now owns 30,650 shares of the company’s stock worth $188,000 after buying an additional 5,250 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Analysts Set New Price Targets

HAIN has been the topic of a number of research reports. Mizuho dropped their price target on shares of The Hain Celestial Group from $7.00 to $4.50 and set a “neutral” rating on the stock in a research note on Tuesday, February 11th. Evercore ISI cut their price target on The Hain Celestial Group from $6.00 to $5.00 and set an “in-line” rating for the company in a research note on Wednesday, April 23rd. Barclays lowered their price target on The Hain Celestial Group from $5.00 to $4.00 and set an “equal weight” rating for the company in a research note on Monday, April 14th. Piper Sandler cut their price objective on shares of The Hain Celestial Group from $8.00 to $7.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Finally, Stifel Nicolaus decreased their target price on shares of The Hain Celestial Group from $6.00 to $4.00 and set a “hold” rating for the company in a research report on Thursday, April 24th. Seven analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $5.94.

The Hain Celestial Group Price Performance

Shares of The Hain Celestial Group stock opened at $2.95 on Tuesday. The Hain Celestial Group, Inc. has a 1-year low of $2.68 and a 1-year high of $9.43. The firm has a fifty day simple moving average of $3.68 and a 200-day simple moving average of $5.66. The company has a current ratio of 1.90, a quick ratio of 1.00 and a debt-to-equity ratio of 0.90. The stock has a market capitalization of $266.23 million, a price-to-earnings ratio of -1.52 and a beta of 0.93.

The Hain Celestial Group (NASDAQ:HAIN) last released its earnings results on Monday, February 10th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.04). The Hain Celestial Group had a positive return on equity of 2.88% and a negative net margin of 10.51%. On average, sell-side analysts expect that The Hain Celestial Group, Inc. will post 0.4 earnings per share for the current year.

The Hain Celestial Group Company Profile

The Hain Celestial Group, Inc manufactures, markets, and sells organic and natural products in United States, United Kingdom, Europe, and internationally. It operates through two segments: North America and International. The company offers infant formula; infant, toddler, and kids' food; plant-based beverages and frozen desserts, such as soy, rice, oat, and spelt; and condiments.